In the time past, we have seen how DOGE has led all memecoins to be the first to compete with other real usecase tokens before we have the likes for SHIBA Inu and other dog memes and as though that was not enough, the attention was shifted to Sol memes and we saw how Bome took the attention of the internet and by extension, it became DOGS, and just when I thought that the hype will die down since its a meme coin, I saw again CATE, a meme feline which is the best friend to the famous $DOGE and now extends a paw of friendship to $NEIRO is coming up and the next question I asked myself was, are memecoins trying to take over from the real world useful coins?
Memecoins cant take over and if you don't know that you'll get rekt. But as a meme coin trader myself I can tell you it's highly volatile but rewarding. Got into cate around $10M mcap when I saw it's narrative on X. Few days later it's on Bitget & gate with bybit hovering around .
Like I said earlier. Memes can't replace utility alts but they can be lucrative